Results tagged “budgetgap”

The MTA is meeting today to discuss its $1.2 billion budget gap. While the agency refuses to comment on any specific measures until next month, big fare hikes and service cuts are expected. Today, the Daily News reports that the M8 bus, which travels across the East Village and West Village is eliminated, according to a budget proposal, as well as some express bus routes (the QM22, X25, and X32). One thing that could help the MTA is state intervention, but the state has its own budget crisis. And while some City Council members want to bring back the commuter tax-- Michael Nelson said, "In Brooklynese, basically, we was robbed about nine years ago" (the tax was repealed in 1999)--naturally suburban legislators hate the idea.

As part of his plans to close the budget gap, Governor David Paterson proposed a $600 tuition hike at City and State University of New York schools. Naturally, students are not taking this well and the Post has some sad quotes. From Queens College student Lilliana Ramnath who works part time at a medical office and is a single mother: "I think I'm going to have to take a year or two off, at the very least. I just won't be able to provide for my son and continue studying." From York College student Lisa Perez, who works at a "bank to support herself and her grandmother": "I really don't know what my options are going to be. But I just don't have an extra $600 sitting around." Food for thought: CUNY Chancellor Matthew Goldstein recently received a $55,000 (+14%) raise and makes $450,000/year.